Document Transfer Event definition

Document Transfer Event. As defined in the Pooling and Servicing Agreement.
Document Transfer Event. The day on which (i) Xxxxx Fargo Bank, N.A. or any successor thereto is no longer the servicer of any of the Mortgage Loans, (ii) the senior, unsecured long-term debt rating of Xxxxx Fargo & Company is less than “BBB-” by Fitch or (iii) any Rating Agency requires the Servicer to deliver the Retained Mortgage Files to the Custodian.
Document Transfer Event. The 60th day following the day on which either (i) Wells Fargo Bank is no longer the Servicer of any of the Mortgage Loans xx (ii) the senior, unsecured long-term debt rating of Wells Fargo & Company is less than "BBB-" by Fitch.

Examples of Document Transfer Event in a sentence

  • Custody of Mortgage Loan Documents:The Seller will hold custody of the underlying Mortgage Loan Documents on behalf of the Trustee from the Issue Date until a Document Transfer Event occurs (or the Seller resigns as custodian).

  • Suncorp-Metway has agreed to indemnify the Trustee for any losses suffered as a result of Suncorp-Metway failing to supply adequate information or supplying inaccurate or incomplete information on such disk such that the Trustee is unable to lodge and register caveats and transfers upon the occurrence of a Perfection of Title Event (see Section 10.2(l)) or a Document Transfer Event (see Section 11.2).

  • Suncorp-Metway has agreed to indemnify the Trustee for any losses suffered as a result of Suncorp- Metway failing to supply adequate information or supplying inaccurate or incomplete information on such disk such that the Trustee is unable to lodge and register caveats and transfers upon the occurrence of a Perfection of Title Event (see Section 10.2(l)) or a Document Transfer Event (see Section 11.2).

  • The Seller has agreed to indemnify the Trustee for any losses suffered as a result of the Seller failing to supply adequate information or supplying inaccurate or incomplete information in such electronic listing such that the Trustee is unable to lodge and register caveats and transfers upon the occurrence of a Perfection of Title Event (see Section 10.2.11) or a Document Transfer Event (see Section 11).

  • For further details on perfection of title, see Section 11.2.1. Custody of Housing Loan Documents:BEN will hold custody of the underlying Housing Loan Documents on behalf of the Trustee from the Issue Date until a Document Transfer Event occurs.


More Definitions of Document Transfer Event

Document Transfer Event. The occurrence of either of the following: (i) Wells Fargo Bank is no longer the Servicer of any of the Mortgage Loaxx xx (ii) the senior, unsecured long-term debt rating of Wells Fargo & Company is less than "BBB-" by Fitch.
Document Transfer Event. The 60th day following the day on which either (i) WFHM is no longer the Servicer of any of the Mortgage Loans or (ii) the senior, unsecured long-term debt rating of Wells Fargo & Company is less than "BBB-" by Fitch.
Document Transfer Event. Not applicable.
Document Transfer Event means each of the events referred to in clause 25.11.
Document Transfer Event. The 60th day following the day on which either (i) Xxxxx Fargo Bank is no longer the Servicer of any of the Mortgage Loans purchased by the Sponsor from Xxxxx Fargo Bank or (ii) the senior, unsecured long-term debt rating of Xxxxx Fargo & Company is less than “BBB-” by Fitch.
Document Transfer Event. The day on which (i) [ ] or any successor thereto is no longer a Servicer of any of the Mortgage Loans, (ii) the senior, unsecured long-term debt rating of [ ] is less than “BBB-” by Fitch or (iii) any Rating Agency requires such Servicer to deliver the Retained Mortgage Files to the Custodian.
Document Transfer Event. The day on which (i) Wells Fargo is no longer the servicer of any of the Mortgage Loans, (ii) the senior, unsecured long-term debt rating of Wells Fargo & Xxxpany is less than “BBB-” by Fitch or (iii) any Rating Agency requires Wells Fargo to deliver the Retained Mortgage Xxxxxents to a Custodian.